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1 year ago

There are several different ways that Bond’s Gym can solve its problem.

Business

2 answers:

labwork [276]1 year ago

7 0

Answer:

The main problem at Bond's Gym is excess demand. This means that negative incentives are the best way to go. These types of incentives could be used because positive incentives would simply increase demand further. However, negative incentives would create a positive result for the owner, as he could make more money to use to expand his gym. This would allow him to better meet customer demand.

Explanation:

Vsk_jay

AysviL [449]1 year ago

5 0

The main problem at Bond's Gym is excess demand. This means that negative incentives are the best way to go. Positive incentives would only increase demand at the gym, making the problem worse. however, negative incentives would create a positive result for the owner, as he would make more money and expand his gym, allowing him to meet more consumer demands.

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Sue now has $125. How much would she have after 8 years if she leaves it invested at 8.5% with annual compounding

hichkok12 [17]

Answer:

FV= $240.08

Explanation:

Giving the following information:

Sue now has $125.

Number of periods= 8 years

Interest rate= 8.5% with annual compounding

To calculate the future value of the investment, we need to use the following formula:

FV= PV*(1+i)^n

FV= 125*(1.085)^8

FV= $240.08

8 0

2 years ago

The city of Brock’s Water Enterprise Fund leases water treatment equipment. The life of the noncancellable lease is 10 years, an

Degger [83]

Solution and Explanation:

The Journal Entries in the books of Brock's water enterprise is as follows :-

Date Particulars and details Debit($) Credit($)

Jan 5, 2018 Intangible Assets - Lease 905861

Lease Payable 905861

(Being Record the Lease)

Jan 5, 2018 Lease Payable 125000

Cash 125000

(Being Record Down Payment)

Dec 31, 2018 Amortization Expenses ($905861divide 10) 90586

Accumulated Amortization 90586

(Being Record the amortization)

Jan 5, 2019 Lease Payable $(\$ 125000-\$ 62469)$ 62531

Interest Expenses $((\$ 905861-\$ 125000) * 8 \%)$ 62469

Cash 125000

(Being Record the Second Lease Payment)

3 0

1 year ago

Mark runs a home improvement business. He is happy with the level of business he receives, but he wants to learn more about his

Klio2033 [76]

Answer:

Secondary Data

Explanation:

Secondary data is defined as the data that is collected by the other people other than the end users of it.

In the case, Mark is the end users. And the data is of U.S census bureau, other governments agencies, database, however, is not collected by Mark but by marketing research firms and different reports instead.

So that, in this case, Mark is using secondary data.

5 0

1 year ago

The Cycling Company suggests a list price of $850 for its brand bicycle. If the series trade discounts are 30 percent for retail

DochEvi [55]

850x.45=340 wholesaler has to pay

8 0

2 years ago

Furniture costing $75,900 is sold at its book value in 2019. Acquisitions of furniture total $64,300 cash, on which no depreciat

SVEN [57.7K]

Answer:

Hie, the question you have provided is missing information relating to Accumulated depreciation or book value of the furniture as well as profit or loss on sale of furniture.

However, important principles are explained below :

The Furniture Disposal T - Account is used to calculate the cash received from the sale of furniture.

The Format of the Account is as follows :

Debits :

Record the Costs of the Furniture Sold. In this cases Cost is $75,900

Record the Profit on Sale of Furniture (if there was profit). The information is incomplete in this case.

Credits :

Record the Accumulated Depreciation on the Furniture. This figure is missing.

Record the Loss on Sale of Furniture (if there was a loss). The information is incomplete in this case.

The Balancing figure would be the Cash Received on sale of Furniture and to be recorded here.

Conclusion :

The Cash Received on Sale of Furniture is a Balancing figure of the Furniture Disposal T - Account.

7 0

1 year ago